Crypto ETNs (exchange-traded notes) traded on Germany's Xetra exchange represent debt claims against issuers, not direct Bitcoin ownership. This means if the issuing company fails, investors may lose their investment regardless of Bitcoin's price. A survey found 122 distinct crypto ETNs from 16 issuers across six countries, with significant legal and operational risks highlighted by the European Securities and Markets Authority (ESMA). Investors should carefully check issuer details, trading currency, and collateral arrangements, as well as stay alert to issuer actions like compulsory redemptions. This complexity underscores the importance of understanding the difference between owning crypto ETNs and actual cryptocurrencies.
Saber Money, a stablecoin payments company, received investment from Tether and CMCC Global’s Titan Fund to support its expansion across Asia-Pacific and the Gulf. The funds will help Saber obtain local licenses, build banking partnerships, and enhan...
Pump.fun has introduced a perpetual futures trading interface powered by Hyperliquid, charging fees up to 0.10% per order and 0.25% per bridge transfer. The platform handles orders, margin, funding, liquidations, and settlements through Hyperliquid, ...
Analyst Mike McGlone warns that Bitcoin could fall to around $10,000 if the S&P 500 experiences a 20% drop that lasts for some time. He notes that Bitcoin's performance has closely tracked the S&P 500 over the past five years, though with higher vola...
A dollar-settled perpetual futures contract for Sei (SEI) began trading on a CFTC-registered US derivatives exchange on October 16, with two trades totaling 200 SEI tokens and about $13.17 in value. The contract, certified under CFTC Regulation 40.2(...
NEAR Protocol's price rose over 12% in 24 hours following the Sunrise rollout, which expanded trading access for NEAR Intents assets on Solana markets. On launch day, NEAR trading on Solana saw $11.4 million in volume and $819,000 in net inflows, wit...
